UConn MS in Financial Risk Management - Program Brochure

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MS in Financial Risk Management

Real world approach to risk management theory. STAMFORD and HARTFORD, CONNECTICUT

risk.uconn.edu msfrm.business@uconn.edu


Greetings! Thank you for your interest in our graduate business programs at the University of Connecticut School of Business. Ranked among the best in the world, UConn’s graduate programs offer you a progressive, comprehensive business education to enable you and other future business leaders to anticipate and effectively manage the many challenges encountered in today’s rapidly-changing world economy. Guided by a commitment for global recognition as a provider of exceptional managerial education and business leadership, UConn’s graduate programs are carefully designed and developed with active involvement from our alumni and advisors in the business community. Our goal is to ensure that our graduates are fully prepared and competitively positioned for successful careers. As you research and evaluate your options for advanced study, I encourage you to attend one of our infosessions, or to stop by one of our program offices for a personal visit. After you experience the School of Business and learn more about all we have to offer, I’m confident you’ll agree that UConn can provide you with a challenging, highly-differentiated, and affordably-priced business education that will provide the foundation for an exceptional future. Sincerely, John A. Elliott, Ph.D. Dean & Auran J. Fox Chair in Business UConn School of Business


Academic Excellence A STEM-designated program, designed for business professionals who want to enhance their careers by fully understanding how to identify and manage various types of business risk. Risk management is as important as ever. The time is now for a degree in financial risk management! Mission To provide an outstanding program in the design, development, and execution of risk management strategies and systems. By collaborating with the financial services industry in Connecticut and the New York Metropolitan area, the program provides a forum for interaction of academics and practitioners to focus on the practice of creating economic value by managing exposure to risk.

Theory and Practice The program provides a unique blend of theory and practice. The theoretical component, which is analytical and quantitative, is taught by our esteemed faculty, whose works are often published in highly ranked journals. The practical component, designed with insight from our Board of Advisors, shapes our curriculum. The practical component includes a capstone project, which is a consulting project that UConn MSFRM provides from varied, top finance agencies. It also includes an Experiential Learning Requirement, which can be fulfilled in many ways, including completing an internship or participating in a financial competition.


Professionals in the Classroom Faculty teaching is augmented by experienced professionals who bring their knowledge and real life experiences in the importance of risk management to the classroom. These individuals deliver special modules, conduct seminars, and moderate discussion forums, and also take an active role in the development and execution of the Masters project. Professionals in the classroom have included:

• • • • • • •

Vaidya Nathan, CEO of Quantum Phinance Consulting Tilak Lal, Senior Vice President, Investment Risk Management Group, Franklin Templeton Investments Ed Hayes, Former Group Head of Quant Risk with Noble Group Frank Minerva, Managing Director, UBS Wealth Management Vladimir Ladyzhets, held a position of Senior Research Fellow with the Institute of Mathematics of the Siberian Branch of the Russian Academy of Sciences Eric Halpern, Chief Operating Officer, Ruark Consulting John Preli, Director, Regulatory Management & Data Governance – The Weather Company – IBM Analytics

This unique element of the program, which taps into the insights and perspectives of those practicing risk management, contributes greatly to the real world approach that gives UConn’s risk management program great value and benefit in the work-place and in career advancement.


Industry Connections While the academic coursework of the MSFRM Program will provide you with the core education and skills required to be successful in the risk management profession, there is also a wealth of opportunity that exists outside the classroom to further enhance your educational experience. Events & Networking MSFRM-specific corporate outreach specialists partner with students to clarify and enhance their job or internship searches. Our large group of global and dedicated alumni host networking and educational events, often reaching back and hiring our students. Corporate executives host educational information sessions, whether online or in person. Students benefit from the MSFRM program’s close association with the Business Council of Fairfield County, ASCEND, and the CFA Society.

GARP Affiliation & Programming Workshops UConn’s MSFRM Program is one of only 50 schools worldwide affiliated with the Global Association of Risk Professionals (GARP), including the Connecticut Regional GARP Professional Chapter. This association ensures MSFRM graduates are prepared to take the GARP Financial Risk Management (FRM®) exam. Additional Workshops offered in FinTech, Python, R, Matlab, Bloomberg, and Excel VBA, combined with their utilization within courses, ensure students learn practical applications of the software being utilized in the risk management industry.


Stamford, CT Right outside of New York City, UConn’s Stamford campus is located in Fairfield County, CT, home to many of the largest hedge funds in the world. Classes are located at UConn’s modern urban campus within Stamford’s central business district. Hartford, CT Located in the insurance capital of Connecticut, the Hartford campus is positioned in between Stamford and UConn’s Storrs campus. Classes are held at UConn’s Graduate Business Learning Center (GBLC), which is in the heart of downtown Hartford.

A Tradition of Excellence Founded in 1941, the UConn School of Business has evolved into one of the most comprehensive business schools in the nation. Continuously accredited by AACSB International since 1958, the UConn business school also ranks among the top 5% of business schools worldwide and is considered one of the best in the Northeast. The quantitative and theoretical nature of the MSFRM Program combined with its practical components has been recognized by TFE Times which consistently ranks it as a top program.


Quick Facts

Application

Program Length

Online Application grad.business.uconn.edu/apply

Avg. 15-19 months. Domestic: 33 credits + 3 credit waiver (Parttime or Full-time). Non-U.S.: 36 credits (Full-time only). In addition, all students have the option of adding a 9-credit concentration in Quantitative Methods in Risk Management.

STEM Designation MSFRM is designated as a STEM program. Students may be eligible for a 24-month extension of their Optional Practical Training (OPT) for a total of 36 months.

Class Profile Admission is highly selective. Most successful applicants have at least 2 years of professional work experience, an undergraduate degree from a 4-year program (with at least a 3.0 GPA) at a regionally accredited institution, and strong performance on the GMAT or GRE. The middle 80% test score range of our students is 580-660. Candidates must have completed a college-level calculus course prior to entering the program. International students must receive a 6.5/79 or higher for IELTS/TOEFL respectively, unless they qualify for an English language waiver.

Application Materials: • GMAT (preferred) or GRE - GMAT Code: CV2-C0-71 - GRE Code: 3915 • Two Letters of Recommendation • Essays • Interview • Transcripts • $75 Application Fee • Financial Declaration (Non-U.S.) • TOEFL Code: 3915 Deadlines Rolling Admissions For final date to apply, visit https://grad.business.uconn. edu/deadlines Applicants requiring a visa should apply early to allow time for processing. Fees $1,500 per credit Merit Scholarships Available For current course fees, please see risk.uconn.edu.